Popular US-based cryptocurrency exchange Coinbase Inc. has been given approval by the U.S. Securities and Exchange Commission to acquire three companies, allowing it to list securities tokens and provide a broader range of financial services.

Coinbase has made tremendous headway in legitimizing cryptocurrency investments and delivering related services to the public in an attractive, trustworthy package. In early June, Coinbase announced that it would acquire Keystone Capital Corp., a California-based financial services company, in an effort to become an SEC-regulated broker-dealer. Coinbase COO Assiff Hiriji commented: Read more...

Hybrid decentralized Ethereum exchange Ethfinex and leading digital asset trading platform Bitfinex have listed four new coins, namely DADI, Lympo, BLOCKv and Utrust, to their platforms, according to a press release CoinReport received from Wachsman, Bitfinex’s PR firm. All four coins have a shared …

US independent rating agency, Weiss Ratings, has published its complete list of 93 cryptocurrency ratings. The company has upgraded its BTC rating to B-. The list shows 14 coins with B ratings including ETH, IOTA, NEO, XRP, STEEM, TRX, and XLM. Fifty-four of the rated cryptocurrencies carry C ratings.

Complete List of 93 Crypto Ratings

On Tuesday, May 29, Weiss Ratings made public its complete list of 93 cryptocurrencies rated by the company. The American independent rating agency, founded in 1971, has been rating approximately 55,000 institutions and investments such as stocks, ETFs, mutual funds, insurance companies, banks, credit unions, and cryptocurrencies. Read more...

Español Русский One of the great advantages of Bitcoin is its international nature. Wherever you are in the world, so long as you have an internet connection, you can use Bitcoin to send and receive money. That said; some parts of the world are much friendlier to Bitcoin users than others. Anyone seeking to set […]

Binance is set to open trading for select TrueUSD (TUSD) trading pairs on Friday, May 18th, at 4:00 am (UTC). The USD-pegged stablecoin will only be tradable against Bitcoin (BTC), Ethereum (ETH), and the exchange’s own Binance Coin (BNB).

Like Tether, Only Regulatory Compliant

TUSD is a stablecoin designed to match the US dollar at a one-to-one ratio, meaning one TUSD roughly equates to one USD, in terms of valuation.

In Monday’s Bitcoin in Brief, Belgium’s financial watchdog, which earlier this year published a warning about potentially fraudulent platforms promising fast and easy profits to crypto investors, has just expanded its blacklist. In Russia, reports have surfaced of a plot to assassinate Alexander Vinnik in Greece, where he fights an extradition request from US authorities accusing him of laundering billions of dollars, including funds from the hacked Mt. Gox. Elsewhere, Australia allocates budget for blockchain research, and Dubai-based exchange Bitoasis suspends dirham withdrawals.

Bitcoinist spoke with co-founder of ICO Alert, Mike Finch, who shared his insight into the recent ban on Initial Coin Offering (ICO) advertising on Facebook, Twitter and Google social media platforms, how ICOs have been responding, and how it levels the playing field for quality ICOs to receive market attention.

Bitcoinist: How have ICOs been responding to the ban on popular social media platforms?

Mike Finch: There are two ways to look at this, for both ICOs and ICO marketing/consulting agencies. On one hand, it is bad because it decreases the sheer # of avenues for ICOs to advertise and you could argue it hurts the industry. Read more...

France’s financial markets authority AMF has created its own blacklist of cryptocurrency websites, which unlawfully target French investors.

Lawbreakers

Yesterday, France’s financial market authority AMF published its list of 15 websites, which unlawfully ask individuals in the European country to invest in cryptocurrencies and digital assets. Additionally, the AMF has reminded potential investors that digital-currency-related businesses are subject to Sapin II law and that the following websites listed are not compliant.

Over the years, different means of digital exchanges have been evolving. While technologies built on a centralized foundation have not been able to stand the test of time, new technologies have deduced that the best types of digital exchanges can only be built on the decentralized system. Though various digital currencies are used for online transaction, some weigh higher than others.

Just in the past few months alone, the cryptocurrency industry has been noticing a serious relationship forming between Daniel Debek, Founder of SAFEX, and Chai Shepherd one of the Co-founders of PLAAK. Read more...

Tokyo-based SBI Holdings has announced that its digital assets exchange, SBI Virtual Currencies, which launched in beta yesterday, will list Ripple (XRP) as the only cryptocurrency supported at launch.

XRP is the first and the only cryptocurrency to be listed on SBI Virtual Currencies during its initial launch period. The newly released digital asset exchange, owned by SBI Holdings, is designed to streamline cryptocurrency trading for its institutional customers and individuals in Japan. The company originally proposed its plan for launching the exchange in late 2016 but at the time had not disclosed either the release date or which cryptocurrencies would be supported. Read more...